For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
In the latest session, Align Technology, Inc (NASDAQ: ALGN) closed at $171.91 down -5.84% from its previous closing price of $182.58. In other words, the price has decreased by -$5.84 from its previous closing price. On the day, 0.96 million shares were traded.
Ratios:
For a deeper understanding of Align Technology, Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.27 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.76. For the most recent quarter (mrq), Quick Ratio is recorded 1.08 and its Current Ratio is at 1.21. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.
On February 14, 2025, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $255.
Leerink Partners Upgraded its Market Perform to Outperform on January 06, 2025, whereas the target price for the stock was revised from $235 to $280.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 25 ’24 when Wright Emory bought 2,500 shares for $232.94 per share.
LARKIN C RAYMOND JR bought 6,500 shares of ALGN for $1,529,645 on Aug 15 ’24. The Director now owns 28,247 shares after completing the transaction at $235.33 per share.
Valuation Measures:
As of this moment, Align’s Price-to-Earnings (P/E) ratio for their current fiscal year is 31.28, and their Forward P/E ratio for the next fiscal year is 15.25. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.09. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.13 while its Price-to-Book (P/B) ratio in mrq is 3.31.
Stock Price History:
Over the past 52 weeks, ALGN has reached a high of $271.59, while it has fallen to a 52-week low of $141.74. The 50-Day Moving Average of the stock is 0.53%, while the 200-Day Moving Average is calculated to be -17.42%.
Shares Statistics:
A total of 73.06M shares are outstanding, with a floating share count of 67.89M. Insiders hold about 6.34% of the company’s shares, while institutions hold 93.74% stake in the company.
